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Forbes' most powerful women: FM Sitharaman in top 40, Nayar makes debut

MacKenzie Scott tops this year's ranking, replacing the outgoing German chancellor Angela Merkel

Nirmala Sitharaman
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Finance Minister Nirmala Sitharaman

Agencies
Union Finance Minister Nirmala Sitharaman has made it to the list of the world’s 100 most powerful women by Forbes, for the third year in a row. Her ranking in 2021 rose to 37 —  two spots ahead of her American counterpart Janet Yellen —from 41 a year ago. 

Falguni Nayar, founder and CEO, Nykaa, was listed at the 88th spot. She recently became India's seventh woman billionaire and the wealthiest self-made billionaire following her company's stellar debut in the stock market.

Other Indian businesswomen in the rankings were Roshini Nadar (52), chairperson of HCL Technologies and the first woman to lead

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